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Fast & Simple

Let Cash for business help you to grow your business

If you require $5,000 - $300,000 unsecured business loans, we have made it easy for you!

Fast & Simple Application Process

APPLY

  • Fill in Online Form
  • Forward Documents

PROCESS

  • Fast Assessment
  • Contract Signed

DRAWDOWN

  • Cash in Bank
  • Use for any business needs

Top Reasons Why You Need Extra Working Capital

Cash Flow Assistance
Purchase Inventory
Funds to Start New Contracts or Jobs
Purchasing New Stock or Equipment
Marketing and Advertising
Operational Expenses
Renovating or Expanding Your Business
Deposit on Asset Finance
ATO Tax Arrears - Lending Parameters Apply

The smarter way to fund your business!

Case Study 1

  • Type of Business

    Medical Equipment Wholesaler

  • Required Loan

    $200,000

  • Loan Purpose

    The client is a medical equipment wholesaler who recently won a contract for a new hospital. They require $200,000 in order to purchase additional stock to fulfill the new contract and do not have assets to back them up. The business has strong cashflow and will be able to repay the loan over a 12 month period.

  • Solution

    Solution amount in each case isn’t the same as the requirement.

Case Study 2

  • Type of Business

    Clothing Wholesaler

  • Required Loan

    $250,000

  • Loan Purpose

    The client requires $250,000 to purchase stock direct from a manufacturer in Asia who requires Cash On Delivery terms. Previously, the client was purchasing stock from a range of wholesalers in Australia who allows 30 to 60 day payment terms. The new supplier would allow for a 20% margin increase but funding the Cash On Delivery payment creates a working capital requirement and the client lacks any form of asset security.

  • Solution

    Solution amount in each case isn’t the same as the requirement.

Frequently Asked Questions

  • HOW MUCH CAN I BORROW

    The maximum amount you can borrow is based on the revenue and cash flow of your business.

  • HOW OFTEN DO I MAKE REPAYMENTS

    You choose from either daily or weekly repayments. Which ever fits best within your cashflow.

  • HOW FAST CAN I GET MY MONEY

    That depends on the loan amount and how fast you supply the required paperwork but it is less than 5 working days.
    In fact if you consent to allow a view only electronic access of your bank statements, it is even faster.

    • Loans less than $24,000 you will have the cash in your bank account the same day
    • Amounts $24,000 – $49,000 can be as fast as 24hrs
    • Amount s over $50,000 up to 5days but normally less.

  • HOW LONG IS THE LOAN FOR

    A fixed term of between 3-12mths

  • WHAT CAN I USE THE FUNDS FOR

    The list is endless as long as it is business related e.g. growing your business, renovating or expanding business premises, purchasing equipment, hiring more staff, paying Tax debt (parameters apply) buying bulk or discounted stock, upgrading IT systems etc.

  • WHAT PAPERWORK DO YOU NEED

    • For loans under $50,000 we only need photo ID and 3months bank statements
    • For loans above $50,000 in addition to the above we also need current account receivable & payables and recent financials

  • CAN I BORROW MONEY MORE THAN ONCE

    Absolutely, in fact 85% of our clients return for another business loan.

  • What if I have been in business less than 12 months

    There may still be ways we can help. Please contact us so we can discuss your individual circumstances in more detail.

  • What if I have impaired Credit

    We may still be able to help. Please call to discuss your individual situation further.

  • I am a discharged Bankrupt, can I still borrow money

    We understand that life has many ups and downs and offer an open mind and understanding approach in finding a solution to your needs. It may just take a little longer and we may need more information.

What Our Clients Say

  • After making a phone call to cash for business last Tuesday for help with either a line of credit or overdraft facility on our business account. Cash for business filled out a Prospa online application form and within 2 hours somebody from Prospa had called me. They asked a few questions about my business and within 24 hours after that phone call, our credit was approved 20k more than what we asked for and available. Not only was Prospa and cash for business very quick to respond they are also very easy to deal with.

    Michael Di Santo

    Advanced Contractors